Pursuant to ASX Listing Rule 17.1, Ardiden Limited (ABN 82 110 884 252) (ASX: ADV) (Company) requests a trading halt of its shares from ASX effective immediately.

In accordance with ASX Listing Rule 17.1, the Company provides the following information regarding this request: 1. The reason for the trading halt is that the Company intends to make an announcement regarding an update in relation to the status of an exploration permit being sought at the Kasagiminnis Project.

The Company requests that the trading halt continue until the earlier of commencement of trading on 19 August 2020 or when the announcement referred to in paragraph 1 is released to the market.

The Company expects the event which will end the trading halt is the announcement referred to in paragraph 1.

The Company is not aware of any reason why the trading halt should not be granted or of any other information necessary to inform the market about the trading halt.

Contact:

Tel: +61 8 9322 7600

Email: info@ardiden.com.au

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